Monthly Archives: <span>April 2009</span>

Handsfree Cell Phone Bill Headed to Colorado Senate

A bill requiring Colorado drivers to use handsfree devices while talking on cell phones is headed to the Senate for a vote. The Senate Appropriations Committee backed House Bill 1094 on a 6-4 vote after exempting some state workers. State …

Delta Celebrates 50 Years

Houston, Texas-based Delta General Agency Corp. celebrates its 50th anniversary in the insurance business this year. Delta was founded in 1959 by Avrohm Wisenberg, a long-time Houston retail agent, as a means of providing access by agents in Texas to …

Fireman’s Fund Launches “Green” Homeowners Insurance in Maryland

Fireman’s Fund Insurance Co. has introduced its ‘green’ insurance product for homeowners in Maryland. The coverage, which is available in 32 states, includes 5 percent discounts for homeowners who already own houses with environmentally-friendly features. The coverage will also pay …

Small Earthquake Hits New Hampshire’s Lakes Region

New Hampshire’s state geologist says a small earthquake recorded in the Lakes Region is the most recent in a long line of seismic activity. The U.S. Geological Survey reported that a quake with a Magnitude of 2.1 was detected on …

Validus Files Lawsuit against IPC Holdings and Max Capital

Bermuda-based Validus Holdings, Ltd. has fired another salvo in its attempt to derail the planned amalgamation of IPC Re with the Max Capital Group (See IJ web site – https://www.insurancejournal.com/news/international/2009/04/02/99263.htm and https://www.insurancejournal.com/news/international/2009/04/06/99353.htm). Validus announced that it has filed legal proceedings …

New York Agency Honored by National Flood Insurance Program

Maran Corporate Risk Associates of Southampton, New York has been named Agency of the Year by the National Flood Insurance Program. The designation is given each year and recognizes agencies that demonstrate a dedication to promoting flood risk awareness and …

Florida Senate, House Seek to Close Property Insurance Legislation Gaps

The Florida House and Senate are trying informally to work out differences in bills to address the state’s property insurance crisis, including how much rates for more than one million customers of the state-backed Citizens Property Insurance Corp. might go …

Florida Bills Limiting Cell Phone Use By Drivers Hit Dead End

Several bills that would have restricted drivers who talk or text message on their cell phones appear to be headed toward a dead end in the Florida Legislature. The bills would have banned drivers from sending text messages and required …

Insurance Claims from South Carolina Wildfire to Top $25 Million

Insurance companies expect claims from a South Carolina wildfire that has destroyed more than 70 homes near the coast to top $25 million. Allison Dean Love with the South Carolina Insurance News Service said the $25 million estimate will increase …

Sailor Sues Owner, Crew Company of U.S. Ship Hijacked By Somali Pirates

A member of the crew on the U.S.-flagged ship hijacked by African pirates sued the owner and another company, accusing them of knowingly putting sailors in danger. Richard E. Hicks alleges in the suit that owner Maersk Line Limited and …